Cash Dividend On The Way From Culp

Looking at the universe of stocks we cover at Dividend Channel, on 9/27/12, Culp Inc. (NYSE: CFI) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 10/15/12. As a percentage of CFI's recent stock price of $11.90, this dividend works out to approximately 0.25%.

Below is a dividend history chart for CFI, showing historical dividends prior to the most recent $0.03 declared by Culp Inc.:

CFI Dividend History

Date

Div*

06/28/12

0.030

12/21/00

0.035

10/05/00

0.035

06/30/00

0.035

03/31/00

0.035

12/23/99

0.035

10/01/99

0.035

09/28/99

0.035

06/25/99

0.036

04/09/99

0.035

12/24/98

0.035

09/25/98

0.035

06/26/98

0.035

03/31/98

0.035

12/26/97

0.035

09/26/97

0.035

06/24/97

0.035

03/27/97

0.032

12/27/96

0.032

09/27/96

0.032

06/28/96

0.032

03/29/96

0.028

12/29/95

0.028

09/29/95

0.028

* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CFI is likely to continue, and whether the current estimated yield of 1.01% on annualized basis is a reasonable expectation of annual yield going forward.